Investors cheer record-setting year on Wall St

[ClosedCaption]

Ok so hes a socialist who

Obama is acting in the same manner as every leftist, from Lenin and Mao, to Castro and Ortega, has acted - eliminate the middle and keep a ruling elite.

Wants to empower the ruling elite but

"Income Gap" is a bullshit phrase that the left employees to wage class warfare - again pointing to the middle and declaring them to be the hated "rich."

Made up Income Gap to go after the middle class...Wait this is the best part...Who wants to raise taxes on the top 1% to fool the middle class into thinking...uhhh....and such a Socialist he wants to empower the rich by taxing them more uhhh...

Redistribution....errrr....

 

[dblack]

Ok so hes a socialist ....

I've certainly never seen him as a socialist. He's purely corporatist. I think a lot of people see those as one in the same, but there are important differences.

 

[Delija]

So now the income gap is something to worry about now huh? Or Nah? Or both?

"Income Gap" is a bullshit phrase that the left employees to wage class warfare - again pointing to the middle and declaring them to be the hated "rich."

My concern is the war waged on small business and the barriers that democrats erect to stop entrapreneurs - the left pulling the ladder up to ensure that the path to financial independence is blocked.

Reading this thread makes me realize how simple minded so may "experts" on the economy really are. Those who can't think for themselves and make FOX "News" the most watched faux news station - same idiots that need people like Rush Limbaugh to tell them what to think believe that Hannity is a journalist with any credentials.

Whatever - I've not seen so much disinformation in one place ever.


Especially like the comment about how well the equity markets (and the economy) did during GWB's time in office - LOL

Obama Derangement Syndrome.....

 

[Uncensored2008]

Ok so hes a socialist who

I realize that to the average leftist the concepts are nothing more than "Left good, right bad."

Clearly you have no idea what socialism means and what it entails.

Wants to empower the ruling elite but

More a matter of wants to concentrate all power in a tiny elite. The wealthy are already empowered. Where the left objects is that the middle is also empowered. Though individuals in the middle class wield less economic clout than individuals of the left-elite, the aggregate economic clout of the middle exceeds that of the top. The left seeks to change this, to disempower the middle.

Made up Income Gap to go after the middle class...Wait this is the best part...Who wants to raise taxes on the top 1% to fool the middle class into thinking...uhhh....and such a Socialist he wants to empower the rich by taxing them more uhhh...

Again, the left seeks to destroy the middle. Tax increases are targeted at those earning $200K a year, not the Jeff Bezos pulling down $200 million. The democrats ensure that Bezos et al. are sheltered from the effects of tax increases.

Redistribution....errrr....

Obama redistributes from the middle to the top.

Ownership or control of the means of production.

 

[Uncensored2008]

I've certainly never seen him as a socialist. He's purely corporatist. I think a lot of people see those as one in the same, but there are important differences.

Obama is a fascist to be sure.

But then, fascism is a form of socialism - the control of the means of production by the state or ruling elite.

 

[dblack]

I've certainly never seen him as a socialist. He's purely corporatist. I think a lot of people see those as one in the same, but there are important differences.

Obama is a fascist to be sure.

But then, fascism is a form of socialism - the control of the means of production by the state or ruling elite.

I wouldn't characterize it that way. There's often overlap, gut they're distinct enough. Fascism needn't involve public ownership of the means of production. And socialism isn't, necessarily, rabidly nationalistic. But then, in popular usage at least, we tend to use both terms very broadly.

 

[Uncensored2008]

Reading this thread makes me realize how simple minded so may "experts" on the economy really are. Those who can't think for themselves and make FOX "News" the most watched faux news station - same idiots that need people like Rush Limbaugh to tell them what to think believe that Hannity is a journalist with any credentials.

Whatever - I've not seen so much disinformation in one place ever.


Especially like the comment about how well the equity markets (and the economy) did during GWB's time in office - LOL

Obama Derangement Syndrome.....

Yes, but as is the case with most leftists, you have not a hint of a clue as to the discipline of economics. You may or may not be familiar with the name "Keynes," but you certainly have no grasp of what his theories entailed. You know that DailyKOS tells you that stimulus works, but you don't know anything about the disastrous economy under Nixon/Ford/Carter that proved in real life that Keynesian economics do not work.

You are just another partisan from the hate sites, spewing idiocy on behalf of your party.

 

[Toro]

Hooray for me!

I'm awesome.

 

[Uncensored2008]

I wouldn't characterize it that way. There's often overlap, gut they're distinct enough. Fascism needn't involve public ownership of the means of production. And socialism isn't, necessarily, rabidly nationalistic. But then, in popular usage at least, we tend to use both terms very broadly.

Mussolini broke from Lenin when he realized that direct ownership by the state was doomed to failure. Said Benito, "Why should the state own the means of production? It is far better to own the owners."

Fascism is a command economy where the state controls, rather than directly owns, the means of production. The state sets the goals, where henchmen with an incentive of profit, execute those goals. It is absolutely a form of socialism. Particularly with the Obama version of fascism, where the line between government and private is blurred to the point that it is no longer recognizable. Is Kaiser a private or a public entity? With the IRS acting as collection agent, that is a difficult question to answer. AIG is considered private, yet Obama (or his handlers) sets the goals of the corporation.

 

[Toro]

The unemployment rate has fallen and the employment to population ratio remained flat.

Start there.

If the that ratio had remained the same as it was in 2007, the unemployment rate would be 11% today.

 

[Uncensored2008]

If the that ratio had remained the same as it was in 2007, the unemployment rate would be 11% today.

????

UE never reached 6% in 2007.

Perhaps you mean 2008? Even then, it wasn't until 2009 that UE was over 10%

 

[william the wie]

If the that ratio had remained the same as it was in 2007, the unemployment rate would be 11% today.

????

UE never reached 6% in 2007.

Perhaps you mean 2008? Even then, it wasn't until 2009 that UE was over 10%

People are dropping out of the employment pool and real income per capita is dropping, Obama's recovery is harming the American people.

 

[Uncensored2008]

People are dropping out of the employment pool and real income per capita is dropping, Obama's recovery is harming the American people.

Very true. The labor participation rates are the worst since the Carter years.

Bureau of Labor Statistics Data

 

[william the wie]

Then there is the little matter that the housing bubble prevented the normal overshooting of reversion to the mean in the stock market after the dotcom bomb of 2000 nor did this happen adequately in 2008. Me, I'm making decent returns on my neutral bear hedges, I'm happy.

 

[Toro]

If the that ratio had remained the same as it was in 2007, the unemployment rate would be 11% today.

????

UE never reached 6% in 2007.

Perhaps you mean 2008? Even then, it wasn't until 2009 that UE was over 10%

If the employment to population ratio was the same today as it was in 2007, the unemployment rate today would be 11%.

 

[Esmeralda]

It's cute to see liberals cheer Wall Street getting richer while Main Street stumbles on.

They have no shame,non not one bit,cried a river while wall street flourished ,during Bush's stay,but now its all good for the annotated one.

The annotated one?

 

[Indeependent]

If the that ratio had remained the same as it was in 2007, the unemployment rate would be 11% today.

????

UE never reached 6% in 2007.

Perhaps you mean 2008? Even then, it wasn't until 2009 that UE was over 10%

People are dropping out of the employment pool and real income per capita is dropping, Obama's recovery is harming the American people.

Obama ran his first race based on Fair Trade.
He was FOS.

 

[Uncensored2008]

If the employment to population ratio was the same today as it was in 2007, the unemployment rate today would be 11%.

Gotcha. Factoring in participation rates. You are correct.

 

[rdean]

What good will that be if people die via lack of improper healthcare? When you put all 6 million people back on their plans, then we can celebrate the economy. However, what good is celebrating the economy when you're $17 trillion in debt? Hmm?

Substandard Healthcare without maternity or hospital? Works for me.

Republicans gave us 12 trillion of that debt with wars and no bid contracts and tax cuts for the rich. They want to "finish the job".

Hah. Obama has 17 Trillion dollars in debt with wars and no bid contracts. At least the GOPs no bid contracts resulted in success. Obama's no bid contracts resulted in Healthcare.gov.

Is the cognitive dissonance ringing in your ears yet, Deanie?

This is why you fuckers are such losers. Do you call the carcinogenic trailers in New Orleans a "success"? Do you call the substandard housing in Iraq that was electrocuting our soldiers a "success"? You guys put the SUC in success. Where do you get all this delusion?

 

[The Rabbi]

Substandard Healthcare without maternity or hospital? Works for me.

Republicans gave us 12 trillion of that debt with wars and no bid contracts and tax cuts for the rich. They want to "finish the job".

Hah. Obama has 17 Trillion dollars in debt with wars and no bid contracts. At least the GOPs no bid contracts resulted in success. Obama's no bid contracts resulted in Healthcare.gov.

Is the cognitive dissonance ringing in your ears yet, Deanie?

This is why you fuckers are such losers. Do you call the carcinogenic trailers in New Orleans a "success"? Do you call the substandard housing in Iraq that was electrocuting our soldiers a "success"? You guys put the SUC in success. Where do you get all this delusion?

Your'e such a joker. You just make stuff up and expect people will believe you. You might be the worst poster on this site.